Economy

Tuesday, December 24th 2019 - 09:22 UTC
PM Boris Johnson in his message calls on Britons “not to have many arguments” over Christmas

British Prime Minister Boris Johnson urged the public on Monday “not to have too many arguments” over Christmas in a festive message in which he managed to avoid the word Brexit.
Tuesday, December 24th 2019 - 08:53 UTC
Wall Street stocks Xmas records: Dow Jones Industrial Average reached 28,551.53

Wall Street stocks finished at records again on Monday, with an executive shakeup at Boeing lifting the Dow, as a holiday-shortened week opened with a flourish. The Dow Jones Industrial Average climbed 96.44 points (0.34 percent) to finish the last full session before Christmas at 28,551.53.
Monday, December 23rd 2019 - 23:06 UTC
Trump invites Johnson to the White House, but the impeachment and Brexit could delay potential dates

U.S. President Donald Trump has invited British Prime Minister Boris Johnson to visit him in the White House in the new year, British media reported on Sunday. Trump’s invitation was made after the British prime minister’s election win this month, The Sunday Times newspaper reported. Britain wants to strike a new trade deal with the United States after it leaves the European Union at the end of January.
Monday, December 23rd 2019 - 10:35 UTC
Argentine individuals and corporations hold some 322.3 billion dollars outside the domestic financial system

Argentines ever so suspicious of their currency and so fully confident in the all mighty US dollar, they have some US$ 322 billion hidden in the “mattress”, which means mostly overseas in bonds, shares, real estate, according to the latest figures released by the country's stats office, Indec.
Monday, December 23rd 2019 - 08:40 UTC
Bank of England leaves interest rates on hold, but ready to cut over global and Brexit uncertainties

The Bank of England has kept interest rates on hold at 0.75% but indicated it may cut the cost of borrowing if global economic growth fails to recover or Brexit uncertainties persist. It said the UK economy was expected to pick up from its current weakness.
Saturday, December 21st 2019 - 11:07 UTC
Argentina appoints team for talks with creditors to renegotiate massive sovereign debt

Argentina appointed a government team to kick off talks with creditors to renegotiate about US$100 billion in sovereign debt as the new center-left administration of President Alberto Fernandez postponed payments on some of its short-term debt.
Saturday, December 21st 2019 - 11:03 UTC
Argentina's credit rating downgraded to near-default by Fitch and S&P

Argentina’s credit rating was downgraded to near-default status by two of the biggest global rating companies, Fitch Ratings, and S&P Global after the government said it would delay payments on its short term dollar-denominated local debt.
Saturday, December 21st 2019 - 10:29 UTC
Boris Johnson on target: “the Brexit vote wrapped up for Christmas”

Prime Minister Boris Johnson won approval for his Brexit deal in parliament on Friday, the first step towards fulfilling his election pledge to deliver Britain's departure from the European Union by Jan 31 after his landslide victory.
Friday, December 20th 2019 - 09:58 UTC
Boris Johnson: Political status of the Falkland Islands is not going to change

Prime Minister Boris Johnson in his Christmas message to the Falkland Islands points out the second commercial flight to South America as the great achievement of 2019, and assures that his government's support “for your right to determine your own political status is not going to change”
Friday, December 20th 2019 - 09:51 UTC
Bill authorizing mining in Brazilian protected indigenous reserves is ready, said Bolsonaro

Brazil’s President Jair Bolsonaro said on Thursday that a bill authorizing mining on protected indigenous reserves was ready and only needed to be sent to Congress for consideration.